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Student loan borrowers: The Education Department is garnishing wages for millions in default. Here is who is affected and how much they can take | Fortune
Wage garnishment "is a scary concept since they can take 15% of after-tax income," Ashley Morgan, debt and bankruptcy attorney and owner of Ashley F. Morgan Law PC, told Fortune.
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fortune.com
Student loan borrowers: The Education Department is garnishing wages for millions in default. Here is who is affected and how much they can…
Wage garnishment "is a scary concept since they can take 15% of after-tax income," Ashley Morgan, debt and bankruptcy attorney and owner of Ashley F. Morgan Law PC, told Fortune.
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usatoday.com
Behind on student loans? You could be losing money from paycheck.
Federal student loan borrowers in default could soon see their wages garnished or Social Security checks withheld after Jan. 7.
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cnbc.com
What student loan borrowers can do if they're facing wage garnishment: 'Early action' is critical, advisor says
The Department of Education began sending notices of coming wage garnishment to over 1,000 defaulted student loan borrowers.